WCLD

WisdomTree Cloud Computing Fund

$34.84
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The WisdomTree Cloud Computing Fund (WCLD) seeks to track the performance of the BVP Nasdaq Emerging Cloud Index, which is designed to measure the performance of emerging public companies focused on cloud computing and cloud technology.

Overview

ETF tracking WisdomTree Cloud Computing Fund

Category Technology
Issuer WisdomTree
Inception Date 2019-09-06
Market Cap $321.4M
Average Volume N/A
Dividend Yield N/A
52-Week Range $28.33 - $41.58
VWAP $34.76

Performance

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Investment Summary

📎 Investment Objective

The WisdomTree Cloud Computing Fund (WCLD) seeks to track the performance of the BVP Nasdaq Emerging Cloud Index, which is designed to measure the performance of emerging public companies focused on cloud computing and cloud technology.

🎯 Investment Strategy

The ETF invests in a portfolio of companies that are classified as 'cloud computing' based on their business model and primary source of revenue. The fund uses a representative sampling strategy to track the index, investing in a subset of the index components that collectively have an investment profile similar to the index.

✨ Key Features

  • Exposure to emerging cloud computing and cloud technology companies
  • Tracks the BVP Nasdaq Emerging Cloud Index, which is designed to measure the performance of this growing industry
  • Uses a representative sampling strategy to replicate the index
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific industry sector
  • Potential volatility as the cloud computing industry is rapidly evolving
  • Liquidity risk as some of the underlying holdings may have limited trading volume
  • Tracking error risk as the fund may not perfectly replicate the performance of the index

👤 Best For

The WisdomTree Cloud Computing Fund may be suitable for investors seeking exposure to the growth potential of the cloud computing industry. Due to the sector concentration and potential volatility, this ETF is best suited for investors with a higher risk tolerance and a longer-term investment horizon.